3026 S Main St
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3026 S Main St
15 Unit Apartment Building $925,000 ($61,667/Unit) 4.48% Cap Rate Mansfield, PA 16933
Investment Highlights
- All new appliances in each unit!
Executive Summary
15 Unit Apartment Complex - Investors Take Note! Possble OWNER FINANCING - Your new investment consists of 13 single apartments with a communal kitchen & a 2-unit home, bringing the total door to 15! Newly renovated & improved, tenants are lining up to rent the efficiency apartments. Sale will include the land, buildings & business (website)! Units are renting for $750-$790/mo. as some come furnished & one is currently used as a VRBO, renting out weekly. Duplex is owner occupied but will rent for $1100-$1300/mo. Tenants enjoy the spacious, private back yard and the picnic & recreation space built down by the Tioga River. Each unit has a refirgerator & microwave & enjoys the use of the communal kitchen. On site coin-operated laundry brings in additional cash flow each week, with room to expand & add more of them. Duplex had its own laundry facility. Talk to your agent about the Sellers' Investment Portfolio that they will consider Owner Financing for all 6 properties.
Property Facts
| Price | $925,000 | Apartment Style | Low Rise |
| Price Per Unit | $61,667 | Building Class | B |
| Sale Type | Investment | Lot Size | 3.58 AC |
| Cap Rate | 4.48% | Building Size | 6,527 SF |
| No. Units | 15 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1921 |
| Property Subtype | Apartment |
| Price | $925,000 |
| Price Per Unit | $61,667 |
| Sale Type | Investment |
| Cap Rate | 4.48% |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 3.58 AC |
| Building Size | 6,527 SF |
| No. Stories | 1 |
| Year Built | 1921 |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
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PROPERTY TAXES
| Parcel Number | 07-02.00-069 | Improvements Assessment | $165,150 |
| Land Assessment | $17,900 | Total Assessment | $183,050 |
PROPERTY TAXES
Parcel Number
07-02.00-069
Land Assessment
$17,900
Improvements Assessment
$165,150
Total Assessment
$183,050
zoning
| Zoning Code | COMMERCIAL |
| COMMERCIAL |
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3026 S Main St
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